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Sany Heavy Industry Co., Ltd.: In the first half of the year, the first batch of electric mixer trucks passed the European standard certification and were sold to Germany to complete the first sea launch of electric mixer trucks

September 26, 2022

September 23,Sany Heavy Industries said at the performance presentation meeting.,June 30 this year,Company releaseiSEE2 New products,Signed a total of 1400 intention orders for dump Trucks and mixer Trucks,Electric Excavators and loaders have been marketed.;The company has achieved breakthroughs in overseas markets.,In the first half of the year, the first batch of electric mixers passed the European standard certification and were sold to Germany.,Complete the first sea voyage of electric mixer Truck;At the same time,Sales of the first 80-ton electric Crawler Crane to Europe。In addition,The company has formulated a business plan for electrification in 2022.:Do a good job of construction machinery electrification technology and industrial chain planning,Use pure electricity、Hybrid、Three technical routes of hydrogen fuel,Make every effort to promote engineering Vehicles、Excavating Machinery、Loading machinery、Electrification of lifting machinery and other products.。

Sany Heavy Industry announced at the performance presentation.,First half of 2022,The company achieved operating income 396..7.3 billion yuan,Year-on-year decline of 40.9%;Net profit attributable to shareholders of the listed company 26.3.4 billion yuan,Year-on-year decline of 73.85%;Net cash flows from operating activities 29.8.6 billion yuan,Year-on-year decline of 69.49%。The company confessed,Affected by the downward adjustment of the domestic industry and the epidemic,The company's sales and profits have fallen sharply.。However, the competitiveness of the company's products continues to increase.,Market share of leading products continues to increase,Excavating Machinery、Sales of Concrete Machinery rank first in the world;Strong growth in international markets,The sales scale has been stabilized and the gross profit margin of products has gradually rebounded.。At present,The company operates steadily,Maintain good operating quality and asset quality,On this basis,The company continues to increase new products.、R & D investment in new technologies,Unswervingly promote intellectualization、Electrification、Internationalization strategy。

Sany Heavy Industry believes,Downward adjustment period of the industry,In fact, it is also the incubation period of a new round of growth.,Construction machinery industry will usher in a new height of development。Digitize、Electrification、Internationalization has become a major trend in China's construction machinery industry。The company operates steadily、The asset quality is good;Leading products are globally competitive and steadily enhanced;Intelligent Manufacturing Leads Global Heavy Equipment Industry、Electrification leads the industry;The process of internationalization has been accelerated,Overseas revenue accounts for more than 40% of the company's operating income%。

At present,The overseas market sales of China's construction machinery still maintained a relatively strong growth.,The company followed the trend,It has achieved considerable results in overseas markets.。First half of 2022,The company achieved international sales revenue of 165.3.4 billion yuan,Year-on-year growth of 32.87%,Excluding Putzmeister's international sales revenue of 134.8.8 billion yuan,Growth 40.2%;International income accounted for 41% of operating income.3%。The company has achieved rapid growth in major global markets。Asia-Australia Region 73.200 million yuan,Growth 29.2%;European region 47.700 million yuan,Growth 27.1%;Americas region 32.300 million yuan,Growth 64.5%;Africa region 12.200 million yuan,Growth 14.1%。The market share and sales volume of Excavators in all regions have increased rapidly.,Among,North America、Excavator sales in South America grew by more than 80 percent%,European Excavator Sales Growth Rate Exceeds 60%。

However,Some investors found out,In the first half of the year, the company's overseas revenue growth rate was not higher than that of the same period last year.,For this reason, the company explained.,Pricing policies vary from region to region in overseas markets,Overall, the overseas market demand is relatively strong.,But the price is relatively stable.。

On the issue of whether the domestic price war affects the unit price of products,Sany Heavy Industry replied.,In recent years,Intense competition in construction machinery industry,Prices of a considerable number of products in the industry have been lowered.,The price of some products has dropped to a low level.。This year, the price trend of various products is different.,The price of some small and medium-sized excavators has stabilized or even risen.。Construction machinery is an industrial standard.,In the long run, with the improvement of production efficiency,,The price will go down gradually.。Advantage enterprises rely on more competitive products and higher production efficiency to improve profit level.。In addition,Electrification is the general trend of construction machinery industry,The market has just started,There is no homogeneous competition。

In terms of equipment penetration,The company said,The electric excavator market has just started.,At present, the sales of the whole industry are not much.。Construction machinery is the means of production.,For customers,Economy is as important as energy conservation and environmental protection.。With the economic enhancement and policy support of construction machinery electrification products,,The penetration rate is expected to increase rapidly in the next few years.。

Sany also revealed,2021 to the first half of 2022,The company has made positive progress in the electrification of construction machinery.,The details are as follows:

Establishment of electric organization。Since the company set up new energy in 2021(001258)Since the Technical Committee,The organizational structure was further improved in the first half of this year.,The company regularly organizes each business department to dispatch the work of electrification.,Unity of thought、Form a consensus,Accelerate product and technology development,Ensure the rapid progress of electrification work。The company's electric R & D team is growing rapidly.,More than 1600 electric R & D personnel,At the same time, a number of leading talents have been trained and introduced.,Professional coverage of electronic control、Electric drive、Control algorithms and thermal management.。

Layout of construction machinery host products。The company comprehensively promotes engineering Vehicles、Excavating Machinery、Loading machinery、Electrification of lifting machinery and other products,2021,The company completed the development of 34 electric products,20 electric products on the market。First half of 2022,The company promotes the continuous updating and iteration of electric products.,At present, there are 12 types of electric crane products available for sale.、9 models of electric mixer truck、28 models of electric Dump Truck、9 models of electric excavator、2 models of electric loader。

Layout of core components and technologies。The company through independent development、Layout of Foreign Strategic Cooperation in the Field of Electric Core Components and Technologies,To provide strong support for the company to seize the first-mover advantage of the electric track。

Breakthrough in domestic and foreign electrification market。2021 is the first year of the electric construction machinery market.,Company electric mixer truck、Major breakthrough in sales of electric cranes,Win the annual sales champion。In the first half of 2022, the market share of electric crane and mixer truck was the first in the industry.;June 30 this year,Company releaseiSEE2 New products,Signed a total of 1400 intention orders for Dump Trucks and mixer trucks,Electric excavators and loaders have been marketed.;The company has achieved breakthroughs in overseas markets.,In the first half of the year, the first batch of electric mixers passed the European standard certification and were sold to Germany.,Complete the first sea voyage of electric mixer truck;At the same time,Sales of the first 80-ton electric Crawler Crane to Europe。Source: Author of Zhitong Finance:Yan Wencai

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